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Fully Equipped Restaurant
For Sale
$246,000

2900 Airline Boulevard, Portsmouth, VA 23701

Established dine-in and takeout operation with a complete commercial kitchen package and furnishings included.

Property Size6,080 SF
Price / SF$40.46
Days on Market9

Property Features for 2900 Airline Boulevard

General Information

Standard status Active
Size 6,080 SF

Restaurant

Seating Capacity 130
Equipment Included Yes

Additional Details

Furnished Yes
Business Included Yes

Building Details

Year Built 1964
Listing Agency: Sunrise Real Estate Group
Listed By: Mustafa Cuce, Senel Cuce
Source: Horakrealtygroup
Added: Aug 21 Changed: Aug 29 Last Checked: Aug 29 at 2:33PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Sunrise Real Estate Group

Investment Insights

Based on property information with market context.

Business-only sale of a 6,080-square-foot full-service restaurant at 2900 Airline Boulevard in Portsmouth. The property was built in 1964 and is configured for breakfast, lunch, and dinner service, with seating for approximately 130 guests. A private dining room accommodates up to 30 people and supports meetings, parties, special events, and catering activity.

The sale includes commercial kitchen equipment and operating fixtures, including double pizza ovens, grills, fryers, prep stations, a walk-in cooler, a walk-in freezer, furniture, and six POS stations. The operation supports both dine-in and takeout service and includes on-site parking. A long-term lease is available. Real estate is not included in the sale.

Key Highlights

  • 6,080‑square‑foot restaurant building constructed in 1964
  • Seating for approximately 130 guests, including a private dining room for up to 30
  • Commercial kitchen includes double pizza ovens, grills, fryers, prep stations, walk‑in cooler, and walk‑in freezer

Property Analytics

Current Use

Paradise Pizzeria Family ... Restaurant

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Pharmacy Building Supply Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

444
Businesses Nearby
3k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
O'Reilly Auto Parts Shops & Services
3,004 visits/mo 0.5 miles

Demographics for 23701, VA

24,629
Population
10,318
Households
2.4
Avg Household Size
41
Median Age
23%
College-Educated
90%
High-School Grad
7.7 sq mi
ZIP Area
3,199
Density / Sq Mi
$63,389
Median Household Income
$44,633
Median Earnings
$1,313
Median Rent
$218,900
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Established dine-in and takeout operation with a complete commercial kitchen package and furnishings included.
Where is this conventional restaurant located?
The property is located at 2900 Airline Boulevard Portsmouth, VA.
What is the asking price?
The asking price for this property is $246,000.
What are key features of this property?
This property features: 6,080‑square‑foot restaurant building constructed in 1964; Seating for approximately 130 guests, including a private dining room for up to 30; Commercial kitchen includes double pizza ovens, grills, fryers, prep stations, walk‑in cooler, and walk‑in freezer
More about this property
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